10:20 am July 24, 2012, by David Markiewicz
More than a third of U.S. households say they live paycheck to paycheck.
Less than a third feel comfortable financially.
Only about a third think they can afford to retire by age 65.
Those are some of the findings in a new report by the Consumer Federation of America and the Certified Financial Planner Board of Standards. More than 1,500 household financial decision-makers were surveyed.
The recession clearly has set households back in achieving their financial goals: compared to 1997, households are faring far worse financially.
– In 1997, 31 percent said they lived paycheck to paycheck. Now it’s 38 percent.
– In 1997, 38 percent said they were behind in saving for retirement, while 51 percent feel that way now.
– In 1997, 50 percent said they felt they could retire at 65. Now it’s just 34 percent.
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